{"id":353727,"date":"2017-09-15T10:30:31","date_gmt":"2017-09-15T10:30:31","guid":{"rendered":"http:\/\/citifmonline.com\/?p=353727"},"modified":"2017-11-10T11:23:26","modified_gmt":"2017-11-10T11:23:26","slug":"angry-birds-maker-rovio-sets-price-range-for-1-billion-ipo","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=353727","title":{"rendered":"Angry Birds maker Rovio sets price range for $1 billion IPO"},"content":{"rendered":"<p>Finnish mobile games and animation studio Rovio Entertainment Ltd on Friday set the initial price range for its planned IPO which would value the company at around 1 billion dollars.<\/p>\n<p>The preliminary price range of 10.25-11.50 euros per share would give Rovio a market value of between 802 million euros and 896 million euros ($955.34 million &#8211; $1.07 billion).<\/p>\n<p>Rovio\u2019s main owner, Trema International, which is owned by Kaj Hed, the uncle of company co-founder Niklas Hed, is expected to keep a 36.6 percent stake after the listing.<\/p>\n<p>Trema currently owns 69 percent of Rovio\u2019s shares.<\/p>\n<p>Rovio said it expects to start trading on Helsinki bourse\u2019s pre-list on September 29 and on the main list on October 3.<\/p>\n<p>&#8211;<\/p>\n<p>Source: Reuters<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finnish mobile games and animation studio Rovio Entertainment Ltd on Friday set the initial price range for its planned IPO which would value the company at around 1 billion dollars. The preliminary price range of 10.25-11.50 euros per share would give Rovio a market value of between 802 million euros and 896 million euros ($955.34 [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[2777,137],"tags":[10958,11145],"class_list":["post-353727","post","type-post","status-publish","format-standard","hentry","category-movies","category-showbiz","tag-angry-birds","tag-rovio"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/353727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=353727"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/353727\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=353727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=353727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=353727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}